Posco

South Korea has done extraordinarily well in the first quarter of 2017, leading to an unusually high number of corporations breaking the KRW1 trillion threshold in quarterly operating profit. While the usual annual crop is about 3-4 companies, this year a stellar nine enterprises reached the dream.

Developers of build-operate-transfer power projects are in search of “clean coal technology” for their upcoming plants, in order to improve coal’s environmental performance and Vietnam’s future energy mix on the whole. Van Thu reports.

The Splendora project, in which Posco E&C holds 50 per cent, does not look like it is going to be completed by 2018 as was planned earlier due to a recent proposal submitted to the local authorities to adjust the 1/500 planning of the project.

VGP - The Republic of Korea has become Viet Nam’s largest foreign investor in the first 11 months of this year with a total new and additional registered capital of US$5.29 billion, according to the Ministry of Planning and Investment.

South Korea's Woori Bank expects to establish a Vietnam unit this month or in July, a bank official said on Tuesday, as part of the lender's plans to expand its network in the expanding market of Southeast Asia.

While workers coming from other provinces and cities have inundated Ho Chi Minh City for many years, the reverse is true among aspiring young Saigonese who choose to take rewarding jobs in companies, mostly foreign ones, in other provinces.

Yong Sheng Global Trading, a subsidiary within the Royal Group conglomerate, signed an exclusive partnership agreement with Posco SS-Vina, a Vietnamese-based steel company, for exclusive distribution rights of construction materials on Tuesday.

POSCO Energy Co. said on February 22 that it signed a memorandum of understanding (MOU) agreement on Sunday with Nghe An provincial government to build a thermal power plant, the second coal-fueled power plant to be built by the South Korean company in Viet Nam.

A $27 million road in the central province of Thanh Hoa built by a South Korean contractor using fund borrowed from the South Korean government is in disrepair shortly after construction stopped, according to newswire phapluatplus.vn.

(VOV) - Thai businesses have expressed concern that foreign investors will shift their investment from Thailand to Vietnam, Singapore and Malaysia to take full advantages of Trans-Pacific Partership (TPP) to approach the US, said Vallop Vitanakorn, vice chairman of the Federation of Thai Industries (FTI).

Samsung, LG and Intel have injected more money into Vietnam. Some multinational conglomerates are considering relocating their global production bases to Vietnam. Others are planning to set up factories in Vietnam.

VSC-POSCO Steel Corporation, the joint venture between Vietnam’s state-run steel group Vietnam Steel Corporation and South Korean steel producer Posco, is looking to further strengthen its 20 years of investments in Vietnam, which is now being touted as an attractive manufacturing hub.

PetroVietnam Gas Corporation (PV Gas) and a joint venture of South Korea's Posco Engineering Co Ltd., along with PetroVietnam Technical Services Corporation (PTSC), signed an engineering, procurement and construction (EPC) contract on August 13 for the VND5.5 trillion ($248.81 million) first stage construction of the Ca Mau Gas Processing Plant.